Aerospace M&A Deal Valued at $1.8 Billion

Howmet Aerospace has entered into a definitive agreement to acquire Consolidated Aerospace Manufacturing (CAM), the aerospace division of Stanley Black & Decker, for approximately $1.8 billion. The acquisition is expected to close in the first half of 2026 and will expand Howmet’s offerings in fasteners, fittings, and other engineered components. The deal is expected to generate $485-495 million in revenue for CAM in 2026, with Howmet expecting to benefit from synergies. The transaction was announced on December 22, 2025, by Howmet CEO John C. Plant.